TechREG® Chronicle February 2022

TechREG® Chronicle – Cryptocurrency
Ever since the anonymous and pseudonymous Satoshi Nakamoto published a seminal white paper on October 31, 2008, the world has been in thrall to the potential of cryptocurrencies.
In essence, a cryptocurrency is a digital currency in which transactions are verified, and records are maintained by a decentralized system using cryptography, rather than by a centralized authority (such as a Central Bank like the Federal Reserve system in the U.S., the Bank of England, or the European Central Bank).